Falcon Dynamics, Inc. has the following financial data: • Net Income $920,000 • • = Cash Flow from Operating Activities = $815,000 Depreciation Expenses = $65,000 Cash Flow from Financing Activities = $40,000 Historical Cash Flow from Operations: Year Cash Flow from Operations Capital Expenditures (CAPEX) ($000) ($000) 2018 550 500 2019 620 580 2020 690 610 What is Falcon Dynamics' Quality of Earnings Ratio?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter14: Security Structures And Determining Enterprise Values
Section: Chapter Questions
Problem 8EP
icon
Related questions
Question
100%

Please need answer the financial accounting question

Falcon Dynamics, Inc. has the following financial data:
•
Net Income $920,000
•
•
=
Cash Flow from Operating Activities = $815,000
Depreciation Expenses = $65,000
Cash Flow from Financing Activities = $40,000
Historical Cash Flow from Operations:
Year Cash Flow from Operations Capital Expenditures (CAPEX)
($000)
($000)
2018 550
500
2019 620
580
2020 690
610
What is Falcon Dynamics' Quality of Earnings Ratio?
Transcribed Image Text:Falcon Dynamics, Inc. has the following financial data: • Net Income $920,000 • • = Cash Flow from Operating Activities = $815,000 Depreciation Expenses = $65,000 Cash Flow from Financing Activities = $40,000 Historical Cash Flow from Operations: Year Cash Flow from Operations Capital Expenditures (CAPEX) ($000) ($000) 2018 550 500 2019 620 580 2020 690 610 What is Falcon Dynamics' Quality of Earnings Ratio?
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Entrepreneurial Finance
Entrepreneurial Finance
Finance
ISBN:
9781337635653
Author:
Leach
Publisher:
Cengage
Fundamentals Of Financial Management, Concise Edi…
Fundamentals Of Financial Management, Concise Edi…
Finance
ISBN:
9781337902571
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Financial Accounting Intro Concepts Meth/Uses
Financial Accounting Intro Concepts Meth/Uses
Finance
ISBN:
9781285595047
Author:
Weil
Publisher:
Cengage